It can be hard to save enough for retirement when you're buying a home and raising a family, but it’s never too late to give your pension pot a boost
Doing what works for you
These days, retirement need not be at a fixed time. A growing number of people are opting to phase their retirement, whether by reducing working hours at their existing job, moving to a new part-time job or by starting their own business.
These earnings can easily top up income from pensions or allow you to take less of your pension income immediately, leaving more to spread out across later years. Ensuring you’re putting what you can into your pension while you’re still working is vital as it’s one of the most tax-efficient ways to save money for the future.
Ultimately, your pension should be working for you and your individual needs. That’s why we offer a vast range of pension products at Royal London, from our personal pension that’s perfect for the self-employed to various workplace pensions to suit different companies and businesses.
More on pensions and retirement
How to prepare your pension for retirement
With pension freedoms providing a more flexible way of accessing your hard-earned cash, it's important to know what the options are.
What is a pension?
Here you’ll find a quick guide to the different types of pension and the benefits of saving for retirement.